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2 bedroom flat for sale
Gallowgate, Aberdeen, Aberdeenshire, AB25
£85,000
Gallowgate, Aberdeen, Aberdeenshire, AB25
£85,000
Price History
Initial price | £100,000 |
12/03/25 | £93,000 |
25/03/25 | £91,000 |
02/04/25 | £89,000 |
08/04/25 | £87,000 |
16/04/25 | £85,000 |
26/04/25 | £98,000 |
21/06/25 | £95,000 |
05/07/25 | £90,000 |
02/08/25 | £88,000 |
29/08/25 | £85,000 |
Price Change | -15.00% |
Description
This 2-bedroom flat in Aberdeen is a fantastic investment opportunity for those looking to expand their portfolio. Currently producing an annual gross income of £6,900, the property has long-term tenants already in place, with potential to increase the rental income to £11,400. The well-maintained home features two bedrooms, lounge, kitchen, and bathroom, as well as double-glazed windows and an allocated parking space. With a tenant already situated, the property offers a hassle-free investment option, and the current tenants have consistently paid their rent for several years and have no intention of moving out. The property's investment potential is further highlighted by the fact that the current income is below market rate, providing a clear opportunity for the new owner to increase the rental income.